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Early election warning if Greece's creditors refuse to soften terms

2015-06-05 12 Dailymotion

Far-left factions within Greece’s government have said early elections may be called if international lenders do not soften their terms for a cash-for-reforms deal.<br /><br /> The warning came from Deputy Social Security Minister Dimitris Stratoulis, a hardliner within the governing Syriza party, as Athens continues negotiations with its international lenders.<br /><br /> Earlier Athens postponed a key debt payment of 300 million euros to the International Monetary Fund, pledging to bundle four payments due this month to a single 1.6 billion euro lump sum on June 30.<br /><br /> This is also the day that the bailout deal with the EU and the IMF runs out with negotiations far from reaching a conclusion.<br /><br /> The German Chancellor Angela Merkel said on Thursday: “The vote of three institutions will carry significant weight for every member state, but of course in the meantime there is continual feedback from the member states. <br /><br /> “On the one hand there are the Greek negotiating partners but on the other hand the Eurog

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